忍者ブログ

ニュースリリースのリリースコンテナ第一倉庫

ニュースサイトなど宛てに広く配信された、ニュースリリース(プレスリリース)、 開示情報、IPO企業情報の備忘録。 大手サイトが順次削除するリリースバックナンバーも、蓄積・無料公開していきます。 ※リリース文中の固有名詞は、発表社等の商標、登録商標です。 ※リリース文はニュースサイト等マスコミ向けに広く公開されたものですが、著作権は発表社に帰属しています。

2025'03.14.Fri
×

[PR]上記の広告は3ヶ月以上新規記事投稿のないブログに表示されています。新しい記事を書く事で広告が消えます。

2007'02.11.Sun
Manufacturing Marketplace MFG.com Secures Funding for Global Expansion
February 05, 2007


European Founders Fund Joins Bezos Expeditions as Key
Investors
Funding Follows Record Breaking Year in 2006 for RFQs and
Revenue


    ATLANTA, Feb. 5 /Xinhua-PRNewswire/ -- MFG.com, Inc.,
the largest global online marketplace for the manufacturing
community, today announced the closing of a round of funding
by European Founders Fund (EFF), based in Munich, Germany. 
Existing investor Bezos Expeditions, LLC, led the round of
funding.  The funds will be utilized for MFG.com's
continued global expansion and the creation of innovative
new online services for the manufacturing community. 

    "The manufacturing industry is one of the largest
industries in the world, it is global by nature and highly
fragmented," said Oliver Samwer, co-founder of the
European Founders Fund.  "MFG.com is bringing
tremendous efficiency to the manufacturing industry and has
garnered the all important critical mass that a marketplace
requires to be successful.  Our organization knows the
marketplace business firsthand and looks forward to
contributing our experience and expertise to
MFG.com."

    MFG.com also announced that for the year ending
December 31, 2006, the Company saw a new record in the
volume of manufacturing projects sourced through the online
marketplace and recorded the highest sales and revenue in
company history.  Marketplace volume increased by 103% and
revenue was up 97% from 2005.

    "The Internet and the manufacturing ecosystem are
both global and an online marketplace for the manufacturing
industry won't work on a localized basis," said Mitch
Free, Founder & CEO of MFG.com.  "2006 was a
fantastic year for us with a lot of focus on creating a
global foundation for us to build upon.  With our
acquisition of SourcingParts.com in Geneva, the
establishment of a wholly-owned foreign entity in China,
our new offices in Europe, and a strategic partnership in
India, we are now a significant player in the most
important buy and supply markets."

    "I am pleased to have Bezos Expeditions and
European Founders Fund as partners," continued Free. 
"Jeff Bezos and the Samwer brothers are highly
successful entrepreneurs with hands on experience building
large global online businesses.  They invest their own
money and bring a level of expertise and experience that
pure financial investors just can't offer."

    The MFG.com online marketplace, which facilitates
billions of dollars in manufacturing transactions annually,
supports 10 languages and 12 currencies and has offices in
Atlanta, Geneva, Shanghai, Paris and London.  

    About MFG.com

    MFG.com is an online marketplace servicing the global
manufacturing community.  MFG.com instantly and
intelligently matches sourcing professionals and engineers
with suppliers who have the right expertise and capacity to
manufacture parts and tooling on demand in accordance with
their engineering drawings and CAD files.  MFG.com's
on-demand service is consolidating the once-fragmented
world of custom manufacturing into an efficient
marketplace, enabling products to be sourced and built more
easily, quickly, inexpensively, and at higher quality
levels. For more information, please visit
http://www.mfg.com 

    About Bezos Expeditions, LLC

    Bezos Expeditions, a personal investment company of
Jeff Bezos.

    About the European Founders Fund GmbH

    European Founders Fund GmbH is a highly selective
investment company run by brothers Marc, Oliver and
Alexander Samwer, with offices in Munich, Germany. The
Samwers are the founders of eBay Germany (alando) and
Jamba! (now part of News Corporation). The internet
companies founded by the Samwers have achieved combined
sales of more than euro 1 billion. They are entirely
focused on investing in the equity of young technology
companies, especially internet & wireless. The Samwers
have direct experience in these segments and an extensive
network of partners who bring significant value-add to
their portfolio companies. With every investment, the
Samwers aim to make a difference and to build enduring,
significant companies.


    For more information, please contact:

     Dave Faupel
     MFG.com
     Tel:   +1-678-556-2956
     Email: dfaupel@mfg.com


SOURCE  MFG.com, Inc.
PR
Post your Comment
Name:
Title:
Mail:
URL:
Color:
Comment:
pass: emoji:Vodafone絵文字 i-mode絵文字 Ezweb絵文字
trackback
この記事のトラックバックURL:
[8256] [8255] [8254] [8253] [8252] [8251] [8250] [8249] [8248] [8247] [8246
«  BackHOME : Next »
広告
ブログ内検索
カウンター

忍者ブログ[PR]